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Target to issue Target-only credit card (Reuters)Date: Tue, 20. April 2010 12:32:07
Reuters - Target Corp is taking the Visa out of its proprietary credit card, issuing instead a Target Credit card to qualifying card applicants in a move it says should spur more sales, the discount retailer said on Tuesday.
Office Of The Comptroller Of The Currency Says No To Proposal To Condone Credit Card Debts (AHN)Date: Fri, 14. November 2008 03:23:29
(AHN) - While the Treasury Department is willing to extend a helping hand to consumer credit card companies to unfreeze credit, federal bank regulators are close to the idea of forgiving credit card debts. - Thu, 13 Nov 2008 08:50:09 GMT
Federal Bank Regulators Reject Proposal To Forgive Credit Card Debts (AHN)Date: Thu, 13. November 2008 15:18:01
(AHN) - While the Treasury Department is willing to extend a helping hand to consumer credit card companies to unfreeze credit, federal bank regulators are close to the idea of forgiving credit card debts. - Thu, 13 Nov 2008 08:38:42 GMT
(AHN) Top Canadian Bankers To Discuss Credit Card Fees Before ParliamentDate: Thu, 28. May 2009 13:44:30
(AHN) - Top officers of Canada's five major banks will appear before a House of Commons committee to discuss credit card fees. The hearing comes a week after the Finance Ministry issued proposed amendments on the country's law governing credit cards.
Credit Card Payments Down 16 Percent In November (AHN)Date: Fri, 30. January 2009 15:27:08
(AHN) - As American consumers tighten their belt with the worsening economic situation, among the items they are cutting are credit card payments. According to credit card research company CardTrak.com outstanding card debt paid in November dropped to 16 percent. - Fri, 30 Jan 2009 07:36:34 GMT
American Consumers Continue To Tighten Belt By Reducing Credit Card Payments (AHN)Date: Fri, 30. January 2009 15:27:20
(AHN) - As American consumers tighten their belt with the worsening economic situation, among the items they are cutting are credit card payments. According to credit card research company CardTrak.com outstanding card debt paid in November dropped to 16 percent. - Fri, 30 Jan 2009 07:50:31 GMT
ConsumerMan: Debit cards dangersDate: Thu, 16. October 2008 00:27:46
Paying at the pump with a debit card could spell trouble. And choosing the ?credit? option does not turn your debit card into a credit card. Here's why.
Don't use debit at the pump! Here's whyDate: Thu, 16. October 2008 00:27:46
Paying at the pump with a debit card could spell trouble. And choosing the ?credit? option does not turn your debit card into a credit card. Here's why.
New credit card rules could challenge DMersDate: Sat, 23. May 2009 00:01:51
Credit card legislation signed President Barack Obama Friday is expected to seriously impact the credit card industry and consumers' relationships with credit, and as a result, marketing from the industry is likely to change in message as well as volume.
What A Year of 0% APR Arbitrage Has Brought Me@PFBlog.com: The UDate: Fri, 16. May 2008 23:31:36
Long-term readers of PFBlog knows I have been taking advantage of credit card companies for years. Especially, I'm very good at 0% APR arbitrage, whereby I sign up for new credit cards with attached introductory 0% APR balance transfer offer, move the entire balance immediately to my bank account, and enjoy the high saving account rates of 5% or more while remitting only the monthly minimal payment back to the credit card company.
Of course, this strategy will drag down your credit score. Last summer, especially, I applied five cards in two months' time, and my credit score tanked from 720s to 640s, and I was essentially denied new credit application after being seen a credit risk by most banks. But credit score is only of cosmetic value if you don't need credit any time soon. To me, after all, I have no better use of my credit score now that I'm sitting on a portfolio of over $800k and has no plan to buy a property any time soon.
The below chart is a great summary of what happened in the last dozen months:
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Hot Deal: 5% cashback on everything from Citi CashReturns Mastercard
Read more news like this from PFBlog.com, The Unique Personal Finance Blog Since 2003.
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